Two booked for duping Navi Mumbai bank of Rs 18.6L by mortgaging fake jewellery

Police have registered a case against two persons for allegedly cheating a Navi Mumbai bank of Rs 18.61 lakh by mortgaging fake jewellery, an official said on Tuesday, reported news agency PTI.

A woman mortgaged the jewellery at the branch of a cooperative Navi Mumbai bank in Uran area in January 2022.

A jeweller, who was on the Navi Mumbai bank`s panel as valuer, provided certificates of genuineness for the jewellery, facilitating its mortgage for Rs 18.61 lakh, the official from Uran police station said, reported PTI.

The Navi Mumbai bank later found the jewellery was fake.

Following a complaint by the bank manager, the Uran police on Monday registered a case against the woman and the jeweller under Indian Penal Code sections for cheating, forgery and criminal conspiracy, the official said, reported PTI.

In another case, a 67-year-old former managing director of a multinational company has allegedly been duped of Rs 4.80 crore by online fraudsters who accused him of being involved in drug trafficking and threatened police action against him, an official of the Thane crime branch said, reported PTI.

An FIR was registered on Saturday in this connection by the Thane police`s cyber cell against three persons, he said on Monday.

The fraudsters posed as officials from central agencies, made the victim divulge his confidential bank details and siphoned off the money, the police said, reported PTI.

The victim recently received a call from the accused, who claimed to have intercepted a parcel en-route to Taiwan at a leading courier company`s customs office containing some contraband, including MDMA, nine expired passports and credit cards, the official said, reported PTI.

They told the victim that they had his personal information, including the Aadhaar card number, to make him believe he was under the scanner, he said quoting the complaint.

They also informed the victim of an alleged case registered against him at the Andheri police station in neighbouring Mumbai, threatening him of getting arrest warrants and legal consequences under provisions for the prevention of money laundering and drug peddling, the official said, reported PTI.

“The accused instructed the victim to download a video calling application, assuring him that an officer would investigate the matter,” he said, reported PTI.

Under the guise of investigation, the fraudsters, posing as officials of central agencies with fabricated logos, assured to get him absolved.

“The scammers coerced the victim into sharing sensitive information, including his bank account details, debit card numbers and CVV,” the official said adding that the victim also shared with them details of his property transactions in Pune and Murbad (in Thane district), reported PTI.

They instructed the victim to keep the camera on during the video call for further proceedings. The next day, they sought his personal details and accused him of engaging in illegal transactions, claiming the RBI and and a private bank also had a suspicion over his activities, reported PTI.

The accused also asked him to transfer Rs 1 crore to his wife`s account which he did. However, later when the victim consulted his UK-based son, he realised that he had been cheated, the official said, reported PTI.

During investigation, it was found Rs 4.80 crore was siphoned off from the victim`s account, he said.

Based on the victim`s complaint, the FIR was registered against the accused under relevant provisions of the Indian Penal Code and the Information Technology Act, the police added, reported PTI.

(With inputs from PTI)